Jamie Saettele, CMT

Sr. Technical Strategist

Market sentiment, technical analysis, important levels, and Elliott wave.
Jamie Saettele is an active trader, Senior Technical Strategist at DailyFX in New York, and author of Sentiment in the Forex Market (Wiley Trading). His technical strategy focuses on sentiment indicators, Elliott Wave, and seasonality. A graduate of Bucknell University, he holds the Chartered Market Technician (CMT) designation from the Market Technician Association.



COT-Crude Oil Speculative Longs Surpass June 2014 Reading

The net speculative crude oil long position has surpassed the June 2014 level. Recall that June 2014 was the top before one of the most intense crude bear markets in history.

Technical Weekly: GBP/USD Making an 8 Year Low?

Did the 96 month (8 year)cycle low count just nail a major low? This week’s bullish outside week is a good start. Still, Cable is testing an important level in the form of the 13 week average.

Charting the Markets with Jamie Saettele: 1/20/2017

Senior Technical Strategist Jamie Saettele reviews FX, commodities, and indices. Of particular interest this week is the US 10 year note and copper.

US Dollar Index Re-Test a Success…For Now

Crude Oil – Major Failed Breakout Risk

Gold Price Turns off 1219 but Watch for Support Near 1191

USD/CHF – Pay attention to .9950s and 1.0200

USD/CAD – Trap of the Year Thus Far

USD/JPY Slingshots off of 55 Day Average

NZD/USD Still Focused on Underside of 2016 Trendline

AUD/USD – Tough to Chase into the 2015 Floor

GBP/USD – Watch 1.2200 for Support

EUR/USD – Watch the 20 Day Average on Weakness

Technical Focus: Gold - Just a Dip?

The gold rally has paused but there is no technical evidence to suggest that the broader swing isn't still higher.

Technical Focus: DXY Trading Levels Post-Breakdown

What a difference a month makes. The USD trade is unwinding. The big levels to pay attention to over the next few days are 99.80 and 101.50.

US Dollar Index – Biggest Test Since the Top is NOW

Crude Oil – 49 Still in Focus

Gold Price – 1219 and 1250 are Possible Tests

USD/CHF Former Resistance is in the .9950s

USD/CAD Channel Breakdown and Re-Test